Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I agree, but they're making quite good steps now. This document also declares: `Investment according to English Law will be allowed.` The process takes time but Belarus slowly removes borders and getting better. From 2017, residents of 80+ countries (including entire EU and US) were allowed to enter Belarus without a visa for 5 days (subject to be extended even further)


No investor in their mind would believe this. Belarus needs structural reforms first.


Actually, there will be risk takers on top of existing ones.

Belarus is the source of great engineers that created Viber, Juno, MSQRD, WoT to name a few. PVT revenues will reach $1 bln. in 2017. This decree just added more perks to already existing tax privileges.

The system is stable and growing, why kill the cash-cow? IT enterprise is not and oil factory that you can nationalize. Engineers will take the laptop and fly away same day and your seized company will turn into empty building with zero profit. Even dictators understand it.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: